Follow The Short Interest: What’s Next for Dasan Zhone Solutions Incorporated (NASDAQ:DZSI) After Having Less Shares Shorted?

December 1, 2016 - By Peter Erickson   ·   0 Comments

Follow The Short Interest: What's Next for Dasan Zhone Solutions Incorporated (NASDAQ:DZSI) After Having Less Shares Shorted?

The stock of Dasan Zhone Solutions Incorporated (NASDAQ:DZSI) registered a decrease of 52.37% in short interest. DZSI’s total short interest was 34,100 shares in December as published by FINRA. Its down 52.37% from 71,600 shares, reported previously. With 28,000 shares average volume, it will take short sellers 1 days to cover their DZSI’s short positions. About 37,243 shares traded hands. DASAN Zhone Solutions Inc (NASDAQ:DZSI) has declined 6.78% since April 28, 2016 and is downtrending. It has underperformed by 12.71% the S&P500.

DASAN Zhone Solutions, Inc., formerly Zhone Technologies, Inc., designs, develops and makes communications network equipment for telecommunications operators and enterprises across the world. The company has a market cap of $90.87 million. The Company’s products provide enterprise solutions that enable both network service providers and enterprises to deliver high speed fiber access, while transporting voice, video and data to the end user. It currently has negative earnings. In addition to its product offerings in its core business, it offers FiberLAN Passive Optical local area network , which provides an alternative to switched copper LANs.

DZSI Company Profile

DASAN Zhone Solutions, Inc., formerly Zhone Technologies, Inc., incorporated on April 21, 1997, designs, develops and makes communications network equipment for telecommunications operators and enterprises across the world. The Company’s products provide enterprise solutions that enable both network service providers and enterprises to deliver high speed fiber access, while transporting voice, video and data to the end user. The Company’s core business provides access products to carriers and service providers across the world. In addition to its product offerings in its core business, it offers FiberLAN Passive Optical local area network (LAN), which provides an alternative to switched copper LANs. The clients of its FiberLAN business include hospitality, government, education, manufacturing and business enterprises.

More notable recent DASAN Zhone Solutions Inc (NASDAQ:DZSI) news were published by: Marketwatch.com which released: “DASAN Zhone Solutions Inc.” on October 01, 2016, also Prnewswire.com with their article: “Pineapple Hospitality Selects FiberLAN from DASAN Zhone Solutions to Provide …” published on November 01, 2016, Businesswire.com published: “DASAN Zhone Solutions Reports Third Quarter 2016 Financial Results” on November 09, 2016. More interesting news about DASAN Zhone Solutions Inc (NASDAQ:DZSI) were released by: Finance.Yahoo.com and their article: “DASAN Zhone to Present at the 7th Annual Craig-Hallum Alpha Select Conference” published on November 14, 2016 as well as Nasdaq.com‘s news article titled: “Zhone Technologies Completes Acquisition of DASAN Network Solutions to Create …” with publication date: September 09, 2016.

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By Peter Erickson

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